Quote:
Originally Posted by GGG
Is Godnek intentionally obtuse or does she not know how property taxes work?
No one cares what the actual mill rate is. Because taxes are tied to asset value which you don’t immediately benefit from holding a mill rate constant is not the same as holding an income tax rate constant.
It sounds like she is trying to make the argument that We arent increasing taxes we collect by 10% because property tax went up 10% and holding the mill rate constant. Instead the mill rate is just the ratio of city revenue from property tax and city budget from property tax.
Now what should be looked at is the did the city budget go up by pop growth plus inflation which is a revenue neutral budget and did the average property tax paid go up by just inflation. (Essentially the overall mix of low and higher value properties remained constant).
Every time Godnek has a quote about property taxes the less I believe she knows how they work.
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It's also possible she is trying to intentionally deceive the populace.
I'm not sure which is worse, but it does seem like either that or she has no idea how property taxes work are the only two possibilities here.